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everybody's focused on the pledge and grover norquist about taxes. more than half of house democrats signed a pledge saying they will not envision any reform to the social security and medicare system. that is the pledge we should be looking at. ashley: we know where you stand on this one. thank you so much for joining us. just kind of taking it down the road, not a good situation for anyone. tracy: if republicans agree to tax increases now, we know how that goes. you don't get it. all right, stocks closely watching the fiscal cliff talks. coming up, chief investment officer will tell us what will happen if there is a deal where if there is no deal. ashley: michael bloomberg crack a joke the only people buying egos. he could soon become one of those. as it everyday at this time, take a look at how oil is trading moving slightly lower even though the suggestion demand from china is off, oil down slightly by $0.10, 85.83 per barrel. tracy: it is time to make some money with charles payne. this hour he is looking at online networking site linked in. get
everybody's focused on the pledge and grover norquist about taxes. more than half of house democrats signed a pledge saying they will not envision any reform to the social security and medicare system. that is the pledge we should be looking at. ashley: we know where you stand on this one. thank you so much for joining us. just kind of taking it down the road, not a good situation for anyone. tracy: if republicans agree to tax increases now, we know how that goes. you don't get it. all right,...
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even though it is a political long shot, he has sort of backing from grover norquist on this who is saying it would be okay to enact carbon tax if we were talking about lowering rates elsewhere. stuart: grover says that? carbon tax okay if you lower tax rates on income? sandra: he's firmly against the carbon tax. he said, however, if they were willing to lower rates across the board in many other ways, he would be willing to discuss it. yes, he did make that point. stuart: okay. sandra: however what i don't like about this is al gore using a tragic situation hurricane sandy as an opportunistic -- stuart: he's not the only one. mayor bloomberg and governor cuomo said the same thing. harry reid said this. i take your point, but go. >> we can sit here and debate this. we don't have conclusive evidence either way. but the bottom line is he wants the government to come in and say we're going to harm small businesses here, we're going to impose the taxes, overregulate, do all the things that hurt these businesses and inhibit their ability to function and grow when we don't have conclusive eviden
even though it is a political long shot, he has sort of backing from grover norquist on this who is saying it would be okay to enact carbon tax if we were talking about lowering rates elsewhere. stuart: grover says that? carbon tax okay if you lower tax rates on income? sandra: he's firmly against the carbon tax. he said, however, if they were willing to lower rates across the board in many other ways, he would be willing to discuss it. yes, he did make that point. stuart: okay. sandra: however...
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special guest, grover norquist, senators from both sides of the aisle. reaching common ground on a debt deal. it all starts tomorrow at 6:00 a.m. eastern. tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd# 1-800-345-2550 ...i've been finding opportunities like this tdd# 1-800-345-2550 a lot more easily. tdd# 1-800-345-2550 like today, tdd# 1-800-345-2550 i was using their streetsmart edge trading platform tdd# 1-800-345-2550 and i saw a double bottom form. tdd# 1-800-345-2550 i called one of their trading specialists tdd# 1-800-345-2550 and i bounced a few ideaf of tdd# 1-800-345-2550 they're always there for me. tdd# 1-800-345-2550 and i've got tools that let me customize my charts tdd# 1-800-345-2550 and search for patterns as they happen. tdd# 1-800-345-2550 plus webinar
special guest, grover norquist, senators from both sides of the aisle. reaching common ground on a debt deal. it all starts tomorrow at 6:00 a.m. eastern. tdd# 1-800-345-2550 you should've seen me today. tdd# 1-800-345-2550 when the spx crossed above its 50-day moving average, tdd# 1-800-345-2550 i saw the trend. tdd# 1-800-345-2550 it looked really strong. tdd# 1-800-345-2550 and i jumped right on it. tdd# 1-800-345-2550 tdd# 1-800-345-2550 since i've switched to charles schwab... tdd#...
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grover norquist -- both ways. political forces, wherever their ideology is grounded, as long as the system remains open tand pluralistic, but will be forced -- we see this in indonesia. in 2002, the islamist parties got 41% of the vote. the decline over the last couple of years to about 29%. i believe we are in the early stages of transformation in the middle east. we will talk about that complex competition for power. a final point -- i hope we debated a little bit. it is the issue of u.s. policy. it is my view that two years into this transition in the middle east -- and i avoid calling it arab awakening or arab spring. it is too early to characterize it. we've only seen about four countries, senior leaderships' change. -- seen their leadership's change. how we actually change and adapt and become more nimble, both in terms of how we deal with political islam and all other actors, we need to figure out how to most judiciously engage and offer support to non islamist forces. if you look a the most recent election
grover norquist -- both ways. political forces, wherever their ideology is grounded, as long as the system remains open tand pluralistic, but will be forced -- we see this in indonesia. in 2002, the islamist parties got 41% of the vote. the decline over the last couple of years to about 29%. i believe we are in the early stages of transformation in the middle east. we will talk about that complex competition for power. a final point -- i hope we debated a little bit. it is the issue of u.s....
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bob corker, the republican in the senate said he would break the grover norquist push. he didn't talk about the tax rates. as we all know, the key is the president's and democrats insistence on the rate going up from 35 to 39n't 6%. this week, he was much more specific. he's saying to republicans, hey, cut our losses now and live to fight another day. here he is. >> has a growing group of folks looking at this and realizing we don't have a lot of cards as it relates to the tax issue. we have one house, that's it. the presidency and the senate in the democrats hands. a lot of people are putting forth a theory. i think it has merit. you go in and give the president the 2% increase that he's talking about. the rate increase on the top 2%. all of a sudden, the shift goes back to entitlements. >> what corker is also saying, what he went on to say is when we hit the debt ceiling next year, in february, then republicans are going to have the leverage then. that's something the president dispu disputed. one problem, bob corker is a senator, he's not in the house of representati
bob corker, the republican in the senate said he would break the grover norquist push. he didn't talk about the tax rates. as we all know, the key is the president's and democrats insistence on the rate going up from 35 to 39n't 6%. this week, he was much more specific. he's saying to republicans, hey, cut our losses now and live to fight another day. here he is. >> has a growing group of folks looking at this and realizing we don't have a lot of cards as it relates to the tax issue. we...
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they take an allegiance to grover norquist. give me a break. the allegiance should go to the united states of america were host: is your solution? caller: i would get rid of all of them, that's what i would do, thank you. host: will leave the bear. -- we will leave it there. caller: i have two questions. everybody keeps referring to social security as an entitlement. i paid into that, it is not an entitlement, it is mine. i have not heard any comments about all the people who pay absolutely no taxes at all. i will hang up. thank you. guest: social security qualifies as an entitlement in the sense that is not an annual appropriation. this is a technical term in washington that you get back much more than you put in and you qualify for it because of certain checklists we created wendell: was put together. in that sense, it is an entitlement, not different in medicare. host: here's a quick comment from one of our viewers -- guest: they are unwilling to pull the trigger and make the investments. you can say the problem is conference but we cannot r
they take an allegiance to grover norquist. give me a break. the allegiance should go to the united states of america were host: is your solution? caller: i would get rid of all of them, that's what i would do, thank you. host: will leave the bear. -- we will leave it there. caller: i have two questions. everybody keeps referring to social security as an entitlement. i paid into that, it is not an entitlement, it is mine. i have not heard any comments about all the people who pay absolutely no...
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. >> and we have also made this about grover norquist. if i hear about him one more time. this is absolutely ridiculous. >> peter king's wife better not meet grover norquist because we know what she is going to do. doug, it seems that both sides are kind of, you know, saying well, i will blame the other side, i will blame the other side. the republicans can't each get together to say we'll blame the other side. they just think we are going to figure this thing out. >> here is the real problem. neither side is doing what was done in the mid 90's when president clinton and newt gingrich got together which is putting politics second, the country first and bargaining. all this kabuki play of a pluck relations fight is frankly insulting to the american people and destructive. >> you know why? i mean, this was a billion-dollar race. there is money on the line and now it's become so political that i don't even think we can. >> the point is we have lost that sense of people who put the country before politics. and that didn't start after this election. this has been going on for t
. >> and we have also made this about grover norquist. if i hear about him one more time. this is absolutely ridiculous. >> peter king's wife better not meet grover norquist because we know what she is going to do. doug, it seems that both sides are kind of, you know, saying well, i will blame the other side, i will blame the other side. the republicans can't each get together to say we'll blame the other side. they just think we are going to figure this thing out. >> here is...
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the sort of grover norquist and he's a funny kind much a guy and during the interviews, endearing, and put the burden on him and the third is rebellion and charles krauthammer and steve forbes and the media like that story the least. >> i think there's a 6th story, jim. which is the media that quote progressive media of msnbc, tipping down to the white house to have an earnest chat to chat with the president about how important not going over the fiscal cliff is, and how important it is that they persuade their viewers to lean on those people who oppose them, so that they can actually avoid the cliff. that's amazing. >> you know, the media did not include the people who are not included, there was tom hartman, allen colmes and a lot of people who the white house left out of that meeting and in terms of who they put up and put out. media put out the story without doing their homework. >> there was a column by george will, bewitched by obama, even jonathan swift who said that promises and pie crusts are made to be broken and marvelled at the limited shelf life of a barack obama's promise
the sort of grover norquist and he's a funny kind much a guy and during the interviews, endearing, and put the burden on him and the third is rebellion and charles krauthammer and steve forbes and the media like that story the least. >> i think there's a 6th story, jim. which is the media that quote progressive media of msnbc, tipping down to the white house to have an earnest chat to chat with the president about how important not going over the fiscal cliff is, and how important it is...
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grover norquist also an outsider, as you mentioned. clearly that works. the other piece about scott that i think is so interesting, even though as you pointed out, he is not on my cell we are not texting, we are not calling. >> but i would be the first to get up and give credit to a republican party that thought more about how to include minority voices in leadership. it's something they have struggled with. they should do it. and policy is important too there is a whole question around civil rights. i would argue way behind. but representation matters. jay-z famously said on his most recent album, when you see me, see you. politics works the same way. you want success to be shared. you want it to be represented. and i would urge the republicans to think long and hard about how to have a leadership structure that looks more like america. >> you just dropped the mic. i love it. i love it. more from the brain trust on the other side of this break as the supreme court is about to take up same-sex marriage. it is being called a watershed moment in the fight f
grover norquist also an outsider, as you mentioned. clearly that works. the other piece about scott that i think is so interesting, even though as you pointed out, he is not on my cell we are not texting, we are not calling. >> but i would be the first to get up and give credit to a republican party that thought more about how to include minority voices in leadership. it's something they have struggled with. they should do it. and policy is important too there is a whole question around...
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you've called grover norquist's pledge handcuffs. are all absolute positions handcuffs for a lawmaker? >> you know what, look at what's going on right now. you have one side saying we're not doing any spending cuts. the other side saying we're not doing any tax cuts. raising taxes. it's a stalemate from the get go. again you have to look at what we're trying to accomplish. and the bigger picture is we're looking at $16.2 trillion in debt. and with either plan that we look at, whether it's mr. obama's or what's been reported on the republican side, our national debt will increase anywhere from 7.7 trillion to 9.1 trillion in the next 10 years. and that's added onto the 16.2 trillion. we need to look at the amount of debt that we've incurred. and we need to work at that to reduce that. and again, it goes back to growing an economy. >> all right. well, thank you very much. florida's congressman elect ted yoho. please next time all my alex. >> thank you. >>> in 13 days some believe the world will come to an end. we got to talk about that
you've called grover norquist's pledge handcuffs. are all absolute positions handcuffs for a lawmaker? >> you know what, look at what's going on right now. you have one side saying we're not doing any spending cuts. the other side saying we're not doing any tax cuts. raising taxes. it's a stalemate from the get go. again you have to look at what we're trying to accomplish. and the bigger picture is we're looking at $16.2 trillion in debt. and with either plan that we look at, whether it's...
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but grover norquist is smart on this. even if it's more efficient, that makes it easier to raise taxes. i worry the compromise here is a tax code that gets high enough it's hurting the country because republicans one allow creation of real tax reform that would support it. >> the other problem. i totally agree. the other problem, you end up in a situation where we on the books have a progressive system. even compared to other countries. we pay much less in taxes overall, and we have much stingier-defined public goods. that we provision through the state. the point is that the most successful social welfare states are one where there's this universal pay-in and universal benefit. the way we're going with this inequality is talking about means testing and redistribution, which is away from a model of universal pay-in and universal benefit, that is the thing that is long-term sustainable. >> chris hayes, thank you for being here. host of "up with chris hayes." >>> one of the coolest things human beings has ever seen celebrat
but grover norquist is smart on this. even if it's more efficient, that makes it easier to raise taxes. i worry the compromise here is a tax code that gets high enough it's hurting the country because republicans one allow creation of real tax reform that would support it. >> the other problem. i totally agree. the other problem, you end up in a situation where we on the books have a progressive system. even compared to other countries. we pay much less in taxes overall, and we have much...
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but grover norquist is smart on this. even if it's more efficient, that makes it easier to raise taxes. a tax code that gets high enough it's hurting the country because they won't allow real tax reform to support it. >> i totally agree. you end up in a situation where we on the books have a progressive system. even compared to other countries. we pay much less in taxes overall and we have much stingier-defined public goods. the point is that the most successful social welfare states are one where there's this universal pay in. the way we're going with this inequality is talking about means testing, which is a way from a model of universal pay in and benefit. that's sustainable. >> chris hayes, thank you for being here. >>> oneover the coolest things human beings has ever seen celebrates a big birthday. it's sort of a best new moment of geek and it's coming up. >>> still ahead, the amazing story behind this incredible photo. if you look closely, that's me just to the north of mexico. wait. that's not right. >>> in 1997 th
but grover norquist is smart on this. even if it's more efficient, that makes it easier to raise taxes. a tax code that gets high enough it's hurting the country because they won't allow real tax reform to support it. >> i totally agree. you end up in a situation where we on the books have a progressive system. even compared to other countries. we pay much less in taxes overall and we have much stingier-defined public goods. the point is that the most successful social welfare states are...
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it is ridiculous that the grover norquist pledge is taken by people we need to raise revenue. the president has to lead and not follow from behind on cutting the growth in entitlements. when people say we are going to cut spending, no, we are going to cut the growth of spending. medicare, medicaid, social security and other discretionary things in the budget. the gap is too wide. other people have pointed out we need revenue at 18.5% of gdp. we need expenditures at 21%. another point that i would like to make is the consumer has pretty much tapped out. if you look at nominal gdp it was up in the last quarter, personal income is only up 3%. that is a bad sign people are just saving and in solving credit is going back up. installment credit is up 11.7% year over year. a lot of these factors do not bode well. dagen: thank you for shaking me up this morning, scott. it was great to see you, as always. terrific insight. scott bloch. >> thank you very much. connell: we will show you what it means for companies and whether others will follow suit. dagen: he is one of the gang of eight
it is ridiculous that the grover norquist pledge is taken by people we need to raise revenue. the president has to lead and not follow from behind on cutting the growth in entitlements. when people say we are going to cut spending, no, we are going to cut the growth of spending. medicare, medicaid, social security and other discretionary things in the budget. the gap is too wide. other people have pointed out we need revenue at 18.5% of gdp. we need expenditures at 21%. another point that i...
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they've got to get through the rocky shoals of grover norquist. >> does that make it easier to keep politics out of it? >> i think it helps for the two men to make a deal that might work for all sides. i sound like i'm a broken record for myself but i'm still trying to find out if both parties are trying to find a win-win deal, something that they can both sell as a win or if one or both is simply trying to get everything they want and let the other guy -- >> but can the other side do that? it would seem if the momentum is with the president, he would be the one more likely to dig in and say, i'm going to take a clear win. >> true. and it's possible that the president, given how the election went and given the fact that a couple of years ago he had to give what the republicans wanted on the taxes issue might say, look, i've had enough. i'm not doing that anymore. however, if there's going to be a deal that's going avert the cliff, the speaker can cannot sell just anything. he's going to have to get entitlement reform or significant spending cuts that are guaranteed. otherwise, his people wil
they've got to get through the rocky shoals of grover norquist. >> does that make it easier to keep politics out of it? >> i think it helps for the two men to make a deal that might work for all sides. i sound like i'm a broken record for myself but i'm still trying to find out if both parties are trying to find a win-win deal, something that they can both sell as a win or if one or both is simply trying to get everything they want and let the other guy -- >> but can the other...
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they've got to get through the rocky shoals of grover norquist. >> right. >> and all those folks. >> and you have to get through the rocky shoals of nancy pelosi when you start talking entitlements. >> you see democrats who are, i think, talking very realistically about what needs to be done. on entitlements, i think the question isn't whether we have to do something about medicare, it's how we do something about medicare. >> so wouldn't that be -- and maybe it's naive of me to even bring this up -- but wouldn't that be important for them to take on what those are together and shoulder to shoulder? >> what i remember last summer when the president said to boehner essentially, let's lock arms and jump off the, you know, at that point it was a different kind of cliff, together. it's going to require both leaders. each is going to have to make sacrifices. in order to get this done. and i think that, you know, i think everybody recognizes the consequences of not getting it done. >> so how do you tell republicans that won't support a tax increase unless they believe entitlement reform's c
they've got to get through the rocky shoals of grover norquist. >> right. >> and all those folks. >> and you have to get through the rocky shoals of nancy pelosi when you start talking entitlements. >> you see democrats who are, i think, talking very realistically about what needs to be done. on entitlements, i think the question isn't whether we have to do something about medicare, it's how we do something about medicare. >> so wouldn't that be -- and maybe it's...
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we are the grover norquist party. makes grover actually have to, you know, have to grovel a little bit. i think that's part of the motivation going on here. i don't see why the add miles per hourstration goes on -- gives itn on entitlement cuts. maybe it's parted of the debt ceiling situation. they don't have to do it now. i don't see why they would. >> the bottom line i have heard from the president and pr-jay carney over and over and over again is tax rates must go up for the top 2% and if they don't get legislation, then -- >> they will go up. >> they will go up. >> but they have not been firm. >> i was going to add that, too. that question has been asked multiple times. every time it's asked, you know, they will say what they say is tax rates have to go up but do they have to go up to 39.6? the tax rates on the wealthy have to go up. i think they would accept 37 if they get for example a deal on the debt ceiling. >> they are not getting that. >> wait. >> get something for it, i think they would accept. >> 39.6. yo
we are the grover norquist party. makes grover actually have to, you know, have to grovel a little bit. i think that's part of the motivation going on here. i don't see why the add miles per hourstration goes on -- gives itn on entitlement cuts. maybe it's parted of the debt ceiling situation. they don't have to do it now. i don't see why they would. >> the bottom line i have heard from the president and pr-jay carney over and over and over again is tax rates must go up for the top 2% and...
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he have took on paul craigman, as well as grover norquist to say he thinks both on either side are hurting the entire process. he's a heck of a dancer. >> gretchen: coming up, one of the most dangerous cities in america might have to fire its police force because now they say that the union wants too much. >> steve: then brand-new unemployment numbers coming out this morning. stuart varney says could be a recipe for disaster. the two things that if they happen could send us into a recession. stuart varney comes into studio e and it's immediately greeted -- >> gretchen: oh, what a brushoff. >> gretchen: just because i know you hate this. >> what? this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. o >> brian: in just over an hour, the first jobs report since
he have took on paul craigman, as well as grover norquist to say he thinks both on either side are hurting the entire process. he's a heck of a dancer. >> gretchen: coming up, one of the most dangerous cities in america might have to fire its police force because now they say that the union wants too much. >> steve: then brand-new unemployment numbers coming out this morning. stuart varney says could be a recipe for disaster. the two things that if they happen could send us into a...
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grover norquist, persona non grata. karl rove, completely unwelcomed in many corners in which he was star in the sun king. i think as people are feeling that, you're sensing that they really need to rethink in both short term and long term what kind of a republican party can they be? >> okay. donna gentile-o'donnell and michael eric dyson. professor, great to have you with us tonight. >>> there's a lot more coming up in the next half hour of "the ed show." stay tuned. >> we're not going to implement obama care in florida. >> we're going to continue to push back on washington, d.c. >> add new jersey and south dakota to the list of states where republican governors are still fighting obama care. i'll ask howard dean what this means for the people. >>> i know you are, but what am i? >> america's zaniest congressman takes a stand on a cause close to his heart. >> we shouldn't eliminate the word lunatic. it really has application around this town. >>> and apple's ceo breaks big news to brian williams on "rock center." >> we'
grover norquist, persona non grata. karl rove, completely unwelcomed in many corners in which he was star in the sun king. i think as people are feeling that, you're sensing that they really need to rethink in both short term and long term what kind of a republican party can they be? >> okay. donna gentile-o'donnell and michael eric dyson. professor, great to have you with us tonight. >>> there's a lot more coming up in the next half hour of "the ed show." stay tuned....
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can someone give grover norquist a heads up, this is people. but about raising the standard of living for everyone. it's not just about paying some government tad have more but about putting millions to work who are now jobless because that's what happens in a boom. we put them to work. and, yes, spending's got to come down. are they so obtuse, to quote andy dufresne when he quizzes the warden, that they can't see this? and, yes, i'm talking about both sides. it's driving me crazy. how do i know that things would be so great if we could only get beyond the stupid politically created crisis? let's go over the reasons. first, in terms of how well we could be doing, think about this. the moribund, ossified and barely capitalist continent that is europe has settled down into some sort of permanent no-growth mode and yet almost every one of the stock markets is doing better than ours. come on, washington, that's ridiculous. how can the markets in switzerland, netherlands, sweden, france, germany do better than us? how is that possible? because of yo
can someone give grover norquist a heads up, this is people. but about raising the standard of living for everyone. it's not just about paying some government tad have more but about putting millions to work who are now jobless because that's what happens in a boom. we put them to work. and, yes, spending's got to come down. are they so obtuse, to quote andy dufresne when he quizzes the warden, that they can't see this? and, yes, i'm talking about both sides. it's driving me crazy. how do i...
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host: to attend the wednesday meetings of grover norquist? guest: no. host: why not? guest: you have to determine how you'll spend your time. that's not the best use of my time. i think that is something necessary that he does. host: first call for armstrong williams comes from fred in michigan. caller: hi. i have two questions concerning the fiscal cliff. the cash cuts that republicans -- the spending cuts on medicare. why don't we allow them to negotiate medicare and to reduce the cost of medicine? that should save you a lot of money yearly. i agree totally about the republicans and democrats spending money stupidly just before the election. both sides voted to refurbish something like 170 army tanks that the army said they'd do not need. they went and voted to repair those tanks. why are we wasting our money? democrats want to cut taxes. host: armstrong williams? guest: we haven't gotten to affordable care and medicare and medicaid. if affordable care was administered correctly and if he did not have the special interest groups and if tort reform was not included,
host: to attend the wednesday meetings of grover norquist? guest: no. host: why not? guest: you have to determine how you'll spend your time. that's not the best use of my time. i think that is something necessary that he does. host: first call for armstrong williams comes from fred in michigan. caller: hi. i have two questions concerning the fiscal cliff. the cash cuts that republicans -- the spending cuts on medicare. why don't we allow them to negotiate medicare and to reduce the cost of...
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. >> bob, you, yesterday, shadowed grover norquist for quite some time. you went to the meeting, his wednesday meeting. >> that's right. >> he has all the time with some of the most powerful conservatives in d.c. and across the country attending. what was their attitude about any deal that boehner might have to make? >> it's pretty interesting when you talk to house republicans because they look at boehner from two different perspectives. on one side, boehner went in front of the house conference and he said, i'm not going to back any deal that increases rates. so they feel pretty confident on rates. that's where i think "the new york times" comes from. on rates they think boehner is still with house conservatives. at the same time, there's a lot of raised eyebrows right now because just as boehner is promising not to buckle on rates, he's purging four conservatives from committee. >> i was going to ask you about that. now, newt, and bob livingston tried that with mark newman back in '95. that didn't work out well for him. we said we're going to vote agai
. >> bob, you, yesterday, shadowed grover norquist for quite some time. you went to the meeting, his wednesday meeting. >> that's right. >> he has all the time with some of the most powerful conservatives in d.c. and across the country attending. what was their attitude about any deal that boehner might have to make? >> it's pretty interesting when you talk to house republicans because they look at boehner from two different perspectives. on one side, boehner went in...
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grover norquist says there's no negotiation. governor casey coming on saying, listen, it's going to take some time. rise above, this is like sink below, they think that our position wrong, somehow we are a compromise. >> all right. thank you, jim, we'll see you in just a few minutes. >> going to be an important day. when we come back, stocks on the move today. there's only one today but is it in your portfolio? we'll take a look next. ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronn
grover norquist says there's no negotiation. governor casey coming on saying, listen, it's going to take some time. rise above, this is like sink below, they think that our position wrong, somehow we are a compromise. >> all right. thank you, jim, we'll see you in just a few minutes. >> going to be an important day. when we come back, stocks on the move today. there's only one today but is it in your portfolio? we'll take a look next. ...with a deeper knowledge of their subjects. as...
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norquist they would never raise taxes, it certainly seems like the impasse cannot be solved and we got to go over the cliff. not only do the hard liners refuse to rise above partisanship in order to avoid a government mandated recession, which is what it's tantamount to doing, but we can't even get them to promise no vacation without legislation! >> boo! >> they not only seem mean-spirited, petty, reckless, and angry down there in washington, they're also slothful. have you ever been able to say to your boss, walk in, you know, hey, man i know i've got a huge project due, one that could bring down the whole company if i don't finish, but darn it all, hey, see you later, sport, i'm taking a vacation. i'm out of here! not only do i advocate no vacation without legislation, i want to know, a new one for you. a litmus test. i want to know which of these bitter and indolent politicians have tickets in their pockets to fly out of washington next week. i'm not kidding. i think we should ask each politician we interview, have you purchased tickets to leave without getting your job done? what's
norquist they would never raise taxes, it certainly seems like the impasse cannot be solved and we got to go over the cliff. not only do the hard liners refuse to rise above partisanship in order to avoid a government mandated recession, which is what it's tantamount to doing, but we can't even get them to promise no vacation without legislation! >> boo! >> they not only seem mean-spirited, petty, reckless, and angry down there in washington, they're also slothful. have you ever...
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now, grover norquist calls these imriewr thoughts, buimpure thou. but to most americans, it's common sense. now the onus is on republicans and especially their leadership to follow this encouraging rhetoric with some action. and, mr. president, so far that has been lacking. the lengths to which republicans are now going in order to protect the rich from paying higher rates would be comical if it weren't so detrimental. they say they've accepted that revenue needs to be on the table, but then the proposal that speaker boehner made to the president would actually cut rates for the rich. it lacks any details about where that claimed revenue would come from. and just as an independent analyst confirmed about the ryan plan, and just like we saw in the romney plan, when you're talking about simply closing loopholes and ending deductions, either the math doesn't add up or the middle class ends up bearing the entire burden. republicans are tying themselves up in knots to avoid the obvious. easiest way to raise revenue from the wealthiest americans is simply
now, grover norquist calls these imriewr thoughts, buimpure thou. but to most americans, it's common sense. now the onus is on republicans and especially their leadership to follow this encouraging rhetoric with some action. and, mr. president, so far that has been lacking. the lengths to which republicans are now going in order to protect the rich from paying higher rates would be comical if it weren't so detrimental. they say they've accepted that revenue needs to be on the table, but then...
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i think grover norquist will be laughing at all of you. >> all of who? >> you don't solve income inequality by taxing rich people. that doesn't happen. >> i'm just advancing -- >> you don't think the republicans will bear a big part of the blame on this? the president has set it up like that. we want to both keep taxes low on 98%, what can't we -- >> they can spin it any way they want and they will, becky. but i think the key thing here is that neither side is really moving the ball forward. they're not really talking about core issues when it comes to any kind of fiscal sanity. but i will say this, part of the reason the republicans are so reluctant to do business with obama is they got rolled in the first two years. and the other thing is when they hear the rhetoric coming from the left, listen to people like paul krugman who says we've got to print money and borrow money. they're horrified. you take that message down south to a lot of constituencies and they don't want to deal with. so, you know, i think it's a strange time. we do have great polarizat
i think grover norquist will be laughing at all of you. >> all of who? >> you don't solve income inequality by taxing rich people. that doesn't happen. >> i'm just advancing -- >> you don't think the republicans will bear a big part of the blame on this? the president has set it up like that. we want to both keep taxes low on 98%, what can't we -- >> they can spin it any way they want and they will, becky. but i think the key thing here is that neither side is...
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norquist or would you not or would you address entitlements or not. i believe it's vital that we address the entitlements, who are the elephant in the room, but that would be up to the people who would be sitting across the table from each other. we cannot go over this fiscal cliff, no matter what people on both ends of the political spectrum say. i believe that there was a popularity poll in case you missed it where now members of congress rank just above car salespeople and i'm a great admirer of car salespeople, you know. it's not -- even astonishingly and it angers me beyond belief, even journalists rank higher than members of congress. >> former senate majority leader george mitchell knows what it's like to be in the middle of the debate. he joins me now. senator mitchell, you more or less have been in john boehner's shoes. you were a congressional leader hammering out a tax and spending cut deal with the president of the opposing party. how is what we're seeing now different than what you experienced two decades ago? >> it's similar in terms of
norquist or would you not or would you address entitlements or not. i believe it's vital that we address the entitlements, who are the elephant in the room, but that would be up to the people who would be sitting across the table from each other. we cannot go over this fiscal cliff, no matter what people on both ends of the political spectrum say. i believe that there was a popularity poll in case you missed it where now members of congress rank just above car salespeople and i'm a great...
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that will include an interview with one of the most vocal conservative opponents of higher taxes, grover norquist. >> woodruff: now, as part of our "agents for change" series, we have an update from earthquake and flood-ravaged haiti. special correspondent fred de sam lazaro reports on the fight against an ongoing cholera epidemic. reporter: the 2010 earthquake that devastated haiti may still loom large in americans' memory but in haiti itself, that was at least three disasters ago. before hurricanes thomas last year, isaac in august and recently sandy. each storm brought a grim reminder of yet one more ever-present disaster: the deadly cholera epidemic that started ten months after the quake. at the cholera ward of saint luke's hospital just outside the capital port-au-prince, this doctor says since hurricane sandy admissions have doubled from 20 to 40 patients each day. >> most of the new cases are coming from further up the hill in places where we had not seen them before. i'm not positive but perhaps the wells there have been contaminated. >> reporter: experts believe cholera was bro
that will include an interview with one of the most vocal conservative opponents of higher taxes, grover norquist. >> woodruff: now, as part of our "agents for change" series, we have an update from earthquake and flood-ravaged haiti. special correspondent fred de sam lazaro reports on the fight against an ongoing cholera epidemic. reporter: the 2010 earthquake that devastated haiti may still loom large in americans' memory but in haiti itself, that was at least three disasters...
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norquist or some republican, but the president of the united states who has to weather the storm and point the finger across the aisle to someone nobody else in the world knows and says, speaker boehner, would you solve this problem? i'm not sure -- that's why i'm against you on this one. i think times have changed. >> economically the biggest risk is the sequestration. it's not the tax cuts going into effect. and -- >> you mean the millions of dollars -- >> the cuts that will be forced through in the next two years. that's a much bigger risk to the economy. >> therefore? >> therefore, if the president lets this thing -- look, the markets have already priced this in. >> i hear the opposite. i hear that they believe that grown-ups will do the job when they have to. they don't believe they're going to let us go over the cliff. >> i don't think the grown-ups believe they have to do the job by january 1st. i believe they believe the grown-ups have to do the job by january 30th or february 15th. >> they're going to believe the politicians can get the job done when they failed to get it do
norquist or some republican, but the president of the united states who has to weather the storm and point the finger across the aisle to someone nobody else in the world knows and says, speaker boehner, would you solve this problem? i'm not sure -- that's why i'm against you on this one. i think times have changed. >> economically the biggest risk is the sequestration. it's not the tax cuts going into effect. and -- >> you mean the millions of dollars -- >> the cuts that will...